Are you about to jump into the rental market? Are you looking to rent a house or an apartment? Here are some ideas and helpful tips that could save you time and money, make the rental house or apartment your own, and help you understand your rights as a tenant so when you move out you don’t lose your bond.
Understanding your rights and also your responsibilities is crucial when renting, especially if you want to keep yourself, your family, your belongings, and your bond protected. Tenancy, or Rental, Agreements cover you [the tenant] for everything from how and when you can be evicted to your level of privacy and owner access to the property. This Agreement also outlines costs like building insurance and rates – costs that are usually worn by the home owner. It is your legal protection should the sky suddenly fall on you. Your agent or landlord should be more than happy to sit down and go through the Tenancy Agreement with you. Make sure you understand what you are reading and don’t feel pressured to sign anything you aren’t comfortable with.
For more information on your rights as a tenant visit http://www.tenanthelp.com.au/ and choose the state that applies to you.
Renting is expensive, so it’s nice to know there are at least a couple of things you do not have to pay for.
Insurance. Tenants only need contents insurance as the building insurance should be covered by the landlord or property owner. Again, we recommend you check the Tenancy Agreement to confirm this is the case.
Save thousands on utilities. Just because your landlord has been using their preferred electricity and gas supplier does not mean you need to do the same. Switching to a greener, cheaper, and/or more sustainable energy supplier is not only easy on the environment, it could also save you some money.
As a renter you really are limited by what you can actually do to the property – a situation that can leave you feeling frustrated at best. But with these helpful tips you can make renting your own place enjoyable, without the risk of losing your bond – or your mind:
Be sure to check the Tenancy Agreement and with your landlord before adding fixtures of any kind to your rental property.
If you’ve done the right thing as a tenant and respected the property then getting your deposit back shouldn’t be an issue. However, there are a few things you can do to ensure that when you do decide to leave, you can do so on a positive note: